el kaka22
Legendary
 Offline
Activity: 3556
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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March 19, 2016, 06:20:47 PM |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
Yes the bankers are more expert business persons, they can fit themselves in any modern system which is introduced for business related finance in order to give success to their banks. And I think banks do not have only one job which is savng money for people, but it has a lot of other duties for the state also, so they will remain there to perform their duties for the state affair. |
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Imoote
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March 20, 2016, 03:59:20 AM |
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
Yes the bankers are more expert business persons, they can fit themselves in any modern system which is introduced for business related finance in order to give success to their banks. And I think banks do not have only one job which is savng money for people, but it has a lot of other duties for the state also, so they will remain there to perform their duties for the state affair. Absolutely banks have a duty not only individuals but can save money to save money on a state or a country's financial monitoring. So therefore the banks will not disappear because bitcoin and that I think is not going to happen. |
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jkrules
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March 20, 2016, 04:45:51 AM |
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Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.
I don't think that Bitcoin can make Banks disappear at least in the near future But i think more people will leave banking services as Bitcoin's growing up daily |
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Whosdaddy
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March 20, 2016, 05:05:44 AM |
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not sure... but some banks are ready to adopt new payment innovations and considers the adoption of blockchain technology...
I think the bankers then will also manage to adopt bitcoins in one way or other, the banks are old profession and nothing had replaced it yet but got involved in the banking system, so bitcoin will also not be able to replace it. |
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Xiaoxiao
Legendary
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Activity: 1274
Merit: 1000
The Golden Rule Rules
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March 20, 2016, 05:45:18 AM |
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Over time nothing is impossible. A more plausible outcome would be that fiat banks turn into crypto banks.
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neonshium
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March 20, 2016, 06:01:12 PM |
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not sure... but some banks are ready to adopt new payment innovations and considers the adoption of blockchain technology...
Yeah, whenever the states and governments approve bitcoins as a currency for the country affairs, the banks will be readily adopt it and will formulate an efficient system for it. |
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bitlancr
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March 20, 2016, 06:07:55 PM |
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Over time nothing is impossible. A more plausible outcome would be that fiat banks turn into crypto banks.
Banks are too powerfull to dissapear. Suppose the creditcard companies would fight against banks, even they would lose, since the power both financially and economically of the banks is to big. |
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ronaldinho_07
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March 20, 2016, 06:24:20 PM |
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I doubt any company besides banks will loan you some ammount to you repay withing 40 years or 50 years,they take the risk and in the most cases they are able to get around 200% the investment ammount.Bitcoin hasnt such structure,to try to enter on these market,try to get a loan for 1 year with bitcoin and see how difficult they will throw at you ,asking several things,proofs,anyway the thing is banks has a fee high but offer an unique repayment time .
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Akupuniard
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March 20, 2016, 07:33:16 PM |
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Over time nothing is impossible. A more plausible outcome would be that fiat banks turn into crypto banks.
Banks are too powerfull to dissapear. Suppose the creditcard companies would fight against banks, even they would lose, since the power both financially and economically of the banks is to big. I am absolutly agree with you cause banks now very trusted for people, especialy older people they don't even know what bitcoin is. Need to make it popular first that's what i am thinkig. |
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aardvark15
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March 20, 2016, 07:37:46 PM |
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I think banks are needed and will be for a very long time. Crypto currencies have a separate use than fiat so both are needed for now. Plus crypto currencies are still in the developmental stages.
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greBit
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March 20, 2016, 08:50:47 PM |
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Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.
I don't think that Bitcoin can make Banks disappear at least in the near future But i think more people will leave banking services as Bitcoin's growing up daily Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist. |
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fkvidar
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March 20, 2016, 09:21:14 PM |
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Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.
I don't think that Bitcoin can make Banks disappear at least in the near future But i think more people will leave banking services as Bitcoin's growing up daily Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist. Banks will always show their presence in real world in future as majority of the people have more faith in banks and they will not switch to bitcoin that easily. |
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Elyes Zebda
Newbie
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Activity: 14
Merit: 0
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March 20, 2016, 09:28:18 PM |
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yes,Banks will change or go under but they won't go away
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Hellacopter
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March 20, 2016, 09:45:59 PM |
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yes,Banks will change or go under but they won't go away
That's in fact the truth. I believe that banks will most likely going down if Bitcoin conquer the world as predicted, but they will stay for long time working and used by people worldwide |
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nejibens
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March 20, 2016, 10:30:26 PM |
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I don't think that Bitcoin can make banks disappear, because people are used from long time to pay with Banking services
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ronaldinho_07
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March 21, 2016, 02:22:35 PM
Last edit: March 22, 2016, 12:38:56 PM by ronaldinho_07 |
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Crypto world currencies is one step ahead to the future,but making banks disappear wont happen,as actual system is full based on them,and they have a lot advantages against bitcoin,the same way bitcoin has some.The people wont change their minds in a day or year,bitcoin is see for the most and investment and nothing else,as they trade it daily,getting a good return soo thats why they are at bitcoin.
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KennyR
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March 21, 2016, 02:33:05 PM |
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Banks will always be needed, even if their not needed they will make sure there is something new that we need them for. they wont just close their doors and move along because some decentralized bitcoin comes along.
I don't think that Bitcoin can make Banks disappear at least in the near future But i think more people will leave banking services as Bitcoin's growing up daily Bank will not be disappear...people who are used to internet and aware about the btc world they come here however we see some sort of improvement from some years but still people will not leave the trust from the banking. along with bitcoin bank will coexist. Banks will always show their presence in real world in future as majority of the people have more faith in banks and they will not switch to bitcoin that easily. Banking is the most accepted financing service which has made most of the people manage their economy in a better way. So as the above quote it wont vanish away. |
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richmcrich
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March 21, 2016, 02:46:55 PM |
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Crypto world currencies is one step ahead to the future,but making banks disappear wont happen,as actula system is full based on them,and they have a lot advantages against bitcoin,the same way bitcoin has some.The people wont change their minds in a day or year,bitcoin is see for the most and investment and nothing else,as they trade it daily,getting a good return soo thats why they are at bitcoin.
I agree with you, I think making banks disappear is just too big of a move for bitcoin, I think it would gain more popularity and mainstream adoption but making banks disappear is just too much. |
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darkmagician
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March 21, 2016, 02:50:46 PM |
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absolutely a big no!!!!! cause bitcoin is only an online currency and nothing special about it to replace the banks,
so its impossible to bitcoin to replace banks.
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harizen
Legendary
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Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
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March 21, 2016, 02:55:59 PM |
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Bitcoin will dominates online payment transaction. Online means you can't access it without an internet of course. So definitely it's digital.
Banks are most used for real life payment purposes. Banks can reached even the center of the forest with no signal at all. If you got the point here then good.
Bitcoin can't make banks dissapear even you are 100% bitcoin believer.
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